Debt to Equity Ratio Analysis of Shinhan Financial Grp Co Ltd. - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Debt to Equity
Period Ending - Dec-23

4.12


Very Poor Debt to Equity
Period Ending - Dec-22
2.39

Poor Debt to Equity
Growth
72.21 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24

4.09


Very Poor Debt to Equity
Debt to Equity Analysis of Shinhan Financial Grp Co Ltd.
Debt to Equity Ratio of Shinhan Financial Grp Co Ltd. with value of 4.12 indicates to run a business company uses higher amount of long-term debt.
Debt to Equity Ratio of SHG rose handsomely by 72.21 % this year.
Debt to Equity Ratio with value of 4.12 was highest in Year Dec-23 in last Five Years.
Debt to Equity Ratio with value of 2.35 was lowest in Year Dec-21 in last Five Years.
Latest Debt to Equity Ratio with value of 4.12 is Greater than Average Debt to Equity of 2.76 in last five years.
Other Debt to Equity Related Info of SHG that may interest you.
Shinhan Financial Grp Co Ltd. Overview
CodePricePrevious PricePrice ChangeSector
SHG34.433.97 1.27 % Banks-Regional
Fundamental AnalysisTechnical Analysis
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time.   more ..
Debt to Equity Ratio Formula

Debt to Equity Related Ratios
ShortTermDebtToEquityRatioDividendCoverageRatioCurrentRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Debt to Equity Ratio of Shinhan Financial Grp Co Ltd.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to Equity4.122.392.352.362.572.352.94
Change72.21 %1.74 %-0.410 %-8.03 %9.10 %-20.12 %51.59 %
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FY Chart of Debt to Equity Ratio of Shinhan Financial Grp Co Ltd.


Note : All Data Generated at the End of Trading Hours (EOD Data)